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Bitcoin Price Forms a Potentially Strong Bullish Pattern - Action Forex
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2 Articles
Bitcoin Price Forms a Potentially Strong Bullish Pattern - Action Forex
Positive sentiment in the cryptocurrency market is currently being driven by: → The approval of a bill regulating the status of stablecoins; → Easing geopolitical tensions (a ceasefire in the Middle East and a trade agreement between China and the US); → Weakening US dollar, which increases the attractiveness of assets priced in USD. These […] The post Bitcoin Price Forms a Potentially Strong Bullish Pattern appeared first on Action Forex.
Bitcoin Price Forms a Potentially Strong Bullish Pattern
Positive sentiment in the cryptocurrency market is currently being driven by:→ The approval of a bill regulating the status of stablecoins;→ Easing geopolitical tensions (a ceasefire in the Middle East and a trade agreement between China and the US);→ Weakening US dollar, which increases the attractiveness of assets priced in USD. These and other developments have contributed to a strong bullish impulse (indicated by the arrow) on the BTC/USD ch…
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